Milan-based United Ventures reveals the first close of United Ventures III, a €150 million fund. It focuses on early-stage European tech firms, especially in Italy. The firm plans to invest in 10 companies through Fund III, like Moneyfarm, Everli, and Young Platform. Their target is 15 to 18 firms over five years, offering €1 million to €8 million investments.
United Ventures seeks innovative tech solutions for “undigitised sectors.” Managing Partner Paolo Gesess is thrilled to support European tech growth, especially in Italy’s promising startup ecosystem. Since 2013, the firm has raised €500 million and invested in 35+ companies.
Key takeaways from United Ventures’ news:
- First close of United Ventures III, a €150 million fund.
- Focus on early-stage European tech companies, especially in Italy.
- Committed to investing in 10 companies through Fund III.
- Plans to invest in 15 to 18 companies over five years.
- Targeting innovative tech solutions for “undigitised sectors.”
- Investment range is €1 million to €8 million.
